HomeMy WebLinkAboutOrdinance 4822 Doc ID : 009702130009 Tvoe : REL Recorded : 02/28/2008 at 09 : 54 : 05 AM Fee Amt : $32 . 00 Pace 1 of 9 Washington Countv . AR Bette Stamps Circuit Clerk ORDINANCE NO. 4822 Ft1e200640008164 AN ORDINANCE REZONING THAT PROPERTY DESCRIBED IN REZONING PETITION RZN 05- 1833 FOR APPROXIMATELY 25 .29 ACRES LOCATED NORTH OF JOYCE BOULEVARD AND SOUTH OF BELLEFONTE GARDENS FROM R-O, RESIDENTIAL OFFICE AND C-2, THOROUGHFARE COMMERCIAL TO C-3, CENTRAL COMMERCIAL. BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF FAYETTEVILLE, ARKANSAS: Section 1 : That the zone classification of the following described property is hereby changed as follows: From R-O, Residential Office, and C-2, Thoroughfare Commercial to C-3 , Central Commercial, as shown on Exhibit "A" Attached hereto and made a part hereof. Section 2: That the official zoning map of the City of Fayetteville, Arkansas is hereby amended to reflect the zoning change provided in Section 1 above. PASSED and APPROVED this 17th day of January, 2006. APPROVED: By: DAN COODY, Mayor ATTEST: By: =� SONDRA SMITH, City Clerk O FAYETTEVILLE ; '����i/ Gi0N EXHIBIT "A" RZN 05-1833 SURVEY DESCRIPTION OF TRACT A LOCATED IN A PART OF THE NW 1/4 OF THE NW 1 /4 OF SECTION 25, TOWNSHIP 17 NORTH, RANGE 30 WEST IN FAYETTEVILLE, WASHINGTON COUNTY, ARKANSAS, MORE PRECISELY DESCRIBED AS FOLLOWS : STARTING AT THE NW CORNER OF THE NW 1 /4 OF THE NW 1 /4 OF SECTION 25 FOR THE TRUE POINT OF BEGINNING; THENCE ALONG THE NORTH LINE OF THE NW 1 /4 OF THE NW 1 /4, SOUTH 86 DEGREES 46 MINUTES 16 SECONDS EAST, 625 .44 FEET; THENCE ALONG THE WESTERLY RIGHT-OF-WAY OF VANTAGE DRIVE THE FOLLOWING COURSES : SOUTH 02 DEGREES 39 MINUTES 17 SECONDS WEST, 254.70 FEET; THENCE SOUTH 02 DEGREES 48 MINUTES 06 SECONDS WEST, 401 .08 FEET; THENCE LEAVING SAID RIGHT- OF-WAY, NORTH 87 DEGREES 04 MINUTES 02 SECONDS WEST, 623 .85 FEET; THENCE ALONG THE WEST LINE OF THE NW 1 /4 OF THE NW 1/4, NORTH 02 DEGREES 36 MINUTES 28 SECONDS EAST, 659.02 FEET TO THE TRUE POINT OF BEGINNING CONTAINING 9.430 ACRES MORE OR LESS AND BEING SUBJECT TO THE RIGHTS-OF-WAY OF VANTAGE DRIVE, STEARNS STREET AND FORD DRIVE AND ANY EASEMENTS OF RECORD. SURVEY DESCRIPTION OF TRACT B LOCATED IN A PART OF THE NW 1 /4 OF THE NW 1 /4 AND IN A PART OF THE NE 1 /4 OF THE NW 1 /4 OF SECTION 25, TOWNSHIP 17 NORTH, RANGE 30 WEST IN FAYETTEVILLE, WASHINGTON COUNTY, ARKANSAS, MORE PRECISELY DESCRIBED AS FOLLOWS : STARTING AT THE NW CORNER OF THE NW 1/4 OF THE NW 1 /4 OF SECTION 25 ; THENCE SOUTH 86 DEGREES 46 MINUTES 16 SECONDS EAST, 695 .44 FEET; TO THE TRUE POINT OF BEGINNING; THENCE ALONG THE NORTH LINE OF SECTION 25 THE FOLLOWING COURSES : SOUTH 86 DEGREES 44 MINUTES 04 SECONDS EAST, 619.52 FEET; THENCE SOUTH 87 DEGREES 28 MINUTES 13 SECONDS EAST, 100.82 FEET; THENCE LEAVING SAID NORTH LINE, SOUTH 02 DEGREES 16 MINUTES 46 SECONDS WEST, 652.58 FEET; THENCE NORTH 87 DEGREES 04 MINUTES 03 SECONDS WEST, 265.06 FEET; THENCE NORTH 87 DEGREES 03 MINUTES 51 SECONDS WEST, 460.57 FEET; THENCE ALONG THE EASTERLY RIGHT-OF-WAY OF VANTAGE DRIVE THE FOLLOWING COURSES : NORTH 02 DEGREES 48 MINUTES 16 SECONDS EAST, 401 .31 FEET; THENCE NORTH 02 DEGREES 39 MINUTES 11 SECONDS EAST, 254.09 FEET TO THE TRUE POINT OF BEGINNING CONTAINING 10.842 ACRES MORE OR LESS AND BEING SUBJECT TO THE RIGHT-OF-WAY OF VANTAGE DRIVE AND ANY EASEMENTS OF RECORD. SURVEY DESCRIPTION OF TRACT C LOCATED IN A PART OF THE NW 1/4 OF THE NW 1 /4 OF SECTION 25, TOWNSHIP 17 NORTH, RANGE 30 WEST IN FAYETTEVILLE, WASHINGTON COUNTY, ARKANSAS, MORE PRECISELY DESCRIBED AS FOLLOWS: STARTING AT THE NW CORNER OF THE NW 1 /4 OF THE NW 1 /4 OF SECTION 25 ; THENCE SOUTH 02 DEGREES 36 MINUTES 28 SECONDS WEST, 659.02 FEET TO THE TRUE POINT OF BEGINNING; THENCE SOUTH 87 DEGREES 04 MINUTES 02 SECONDS EAST, 623 .85 FEET; THENCE ALONG THE WESTERLY RIGHT-OF-WAY OF VANTAGE DRIVE, SOUTH 02 DEGREES 45 MINUTES 28 SECONDS WEST, 197.95 FEET; THENCE NORTH 87 DEGREES 23 MINUTES 18 SECONDS WEST, 338.70 FEET; THENCE SOUTH 02 DEGREES 37 MINUTES 24 SECONDS WEST, 319.91 FEET; THENCE ALONG A NON-TANGENT CURVE TO THE RIGHT, WITH A RADIUS OF 1290.45 FEET, AN ARC LENGTH OF 4.09 FEET, AND A CHORD OF NORTH 65 DEGREES 14 MINUTES 31 SECONDS WEST, 4.09 FEET; THENCE ALONG A CURVE TO THE RIGHT WITH A RADIUS OF 1403 .27 FEET, AN ARC LENGTH OF 321 . 11 FEET, AND A CHORD OF NORTH 58 DEGREES 35 MINUTES 46 SECONDS WEST, 320.41 FEET; THENCE ALONG THE WEST LINE OF THE NW 1/4 OF THE NW 1/4, NORTH 02 DEGREES 36 MINUTES 52 SECONDS EAST, 365 .50 FEET TO THE TRUE POINT OF BEGINNING CONTAINING 4.487 ACRES MORE OR LESS AND BEING SUBJECT TO THE RIGHTS-OF-WAY OF VANTAGE DRIVE AND JOYCE BOULEVARD AND ANY EASEMENTS OF RECORD. LESS AND EXCEPT THE FOLLOWING: A PORTION OF TRACT "C" AS DESCRIBED ABOVE AND BEING MORE PARTICULARLY DESCRIBED AS FOLLOWS : COMMENCING AT THE NW CORNER OF THE NW 1 /4 OF THE NW 1 /4 OF SECTION 25; THENCE SOUTH 02 DEGREES 36 MINUTES 28 SECONDS WEST, 659.02 FEET, THENCE SOUTH 02 DEGREES 36 MINUTES 52 SECONDS WEST, 201 .44 FEET TO THE POINT OF BEGINNING; THENCE SOUTH 87 DEGREES 23 MINUTES 18 SECONDS EAST, 284.35 FEET; THENCE SOUTH 02 DEGREES 37 MINUTES 24 SECONDS WEST, 319.91 FEET; THENCE ALONG A NON-TANGENT CURVE TO THE RIGHT, WITH A RADIUS OF 1290.45 FEET, AN ARC LENGTH OF 4.09 FEET, AND A CHORD OF NORTH 65 DEGREES 14 MINUTES 31 SECONDS WEST, 4.09 FEET; THENCE ALONG A CURVE TO THE RIGHT WITH A RADIUS OF 1403.27 FEET, AN ARC LENGTH OF 321 . 11 FEET, AND A CHORD OF NORTH 58 DEGREES 35 MINUTES 46 SECONDS WEST, 320.41 FEET; THENCE ALONG THE WEST LINE OF THE NW 1 /4 OF THE NW 1 /4, NORTH 02 DEGREES 36 MINUTES 52 SECONDS EAST, 164.05 FEET TO THE POINT OF BEGINNING CONTAINING 1 .63 ACRES. SURVEY DESCRIPTION OF TRACT D LOCATED IN A PART OF THE NW 1 /4 OF THE NW 1/4 AND IN A PART OF THE NE 1 /4 OF THE NW 1/4 OF SECTION 25, TOWNSHIP 17 NORTH, RANGE 30 WEST IN FAYETTEVILLE, WASHINGTON COUNTY, ARKANSAS, MORE PRECISELY DESCRIBED AS FOLLOWS : STARTING AT THE NW CORNER OF THE NW 1 /4 OF THE NW 1 /4 OF SECTION 25; THENCE SOUTH 02 DEGREES 36 MINUTES 28 SECONDS WEST, 659.02 FEET; THENCE SOUTH 87 DEGREES 04 MINUTES 08 SECONDS EAST, 693 .83 FEET TO THE TRUE POINT OF BEGINNING; THENCE SOUTH 87 DEGREES 03 MINUTES 51 SECONDS EAST, 460.57 FEET; THENCE SOUTH 51 DEGREES 17 MINUTES 37 SECONDS WEST, 615 .05 FEET; THENCE ALONG THE EASTERLY RIGHT-OF-WAY OF VANTAGE DRIVE, NORTH 02 DEGREES 48 MINUTES 16 SECONDS EAST, 408.69 FEET TO THE TRUE POINT OF BEGINNING CONTAINING 2. 161 ACRES MORE OR LESS AND BEING SUBJECT TO THE RIGHT-OF-WAY OF VANTAGE DRIVE AND ANY EASEMENTS OF RECORD. Bill of Assumnx Page 1 BILL OF ASSURANCE FOR THE CITY OF FAYEITEVILLE, ARKANSAS In order to attempt to obtain approval of a request for a zoning reclassification, CB VENTURES, LLC (hereinafter - "Petitioner"), hereby voluntarily offer this Bill of Assurance and enter into this binding agreement and contract with the City of Fayetteville, Arkansas. Petitioner expressly grants to the City of Fayetteville the right to enforce any and all of the terms of this Bill of Assurance in the Chancery/Circuit Court of Washington County and agrees that if Petitioner or Petitioner's heirs, assigns, or successors violate any term of this Bill of Assurance, substantial irreparable damage justifying injunctive relief has been done to the citizens and City of Fayetteville, Arkansas: Petitioner acknowledges that the Fayetteville Planning Commission and the Fayetteville City Council will reasonably rely upon all of the terms and conditions within this Bill of Assurance in considering whether to approve Petitioner's rezoning request. Petitioner hereby voluntarily offers assurances that Petitioner and Petitioner's property shall be restricted as follows IF Petitioners' rezoning is approved by the Fayetteville City Council and Petitioner's property is rezoned to C-3 classification: 1 . The use of Petitioners' property described in Exhibit "A" attached hereto (the "Land") shall be limited to the following uses: retail, restaurant, office, and residential. 2. The Land C-3 zoning classification shall be subject to the following modifications and restrictions: a. Density: There shall be allowed no more than 18 units per acre. b. Height Restrictions: Any non-residential building on the Land shall not exceed twelve stories, and any residential building on the Land shall not exceed sixteen stories. No structures on the property shall exceed sixteen stories in height. c. Greenspace: Twenty percent (20%) of the Land must be maintained as greenspace, as the term "greenspace" is defined in the City Code of the City of Fayetteville, Arkansas. d. Driveways and Parking. Petitioner shall encourage all properties adjacent to the Land to allow cross-access and shared access to public streets. All uses, current and future, on the Bill ofgssurpate P Page 2 Land shall have adequate parking as per the then-current City Code of the City of Fayetteville, Arkansas. Any otherwise relevant waiver of parking requirements due to the land being zoned C-3 shall not apply Land. to future uses that may begin on the 3. Petitioners specifically agree that all such restrictions and terms shall released by Resolution of the Fayetteville City Council. This Bill of run with the Land and bind all future owners unless and until specifically Assurance shall be filed for record in the Washington County Circuit Clerk's Office after Petitioners' rezoning is effective and shall be noted on any Final Plat or Large Scale Development which Petitioners' property. includes some or all of IN WITNESS WHEREOF and in agreement with all the terms and conditions stated above, we, CB VENTURES, LLC, as the owners, developers or buyers (Petitioners) voluntarily offe below. r all such assurances and sign our names CB VENTURES, LLC I -47 - oS Date row b0Kf a�raea Printed Name 1921 otd MtyseH,ai �2d • Address 5 ' Ople kR '7Z�641 By: Signature Date Printed Name Address By: Signature Bill of Assume r Page 3 NOTARY OATH STATE OF ARKANSAS ) COUNTY OF WASHINGTON I And now on this the 7 rq da of 4CCeMWe*� 20657 Y 2994; appeared before me, —.,.�-�harl � and as the members of CB VENTURES, LLC, after being placed upon his/her oath, swore or affirmed that he agreed with the terms of the above Bill of Assurance and signed FUN n above. MCommission xplres: NOTARY PUBLIC -�/ IS7� l� "NOTARY BEAU" Brandon Rains, Notary Public Washington County, State of Arkansas My Commission Expwm Jury 15, 2014. J • Bill afAssumnce / Page 4 EX IIBI "A„ SURVEY DESCRIPTION OF TRACT A LOCATED IN A PART OF THE NW 1/40F THE NW 1/40F SECTION 25, TOWNSHIP 17 NORTH, RANGE 30 WEST IN FAYETTEVILLE, WASHINGTON COUNTY, ARKANSAS, MORE PRECISELY DESCRIBED AS FOLLOWS: STARTING AT THE NW CORNER OF THE NW V4 OF THE NW 1/40F SECTION 25 FOR THE TRUE POINT OF BEGINNING; THENCE ALONG THE NORTH LINE OF THE NW 1/40F THE NW 1/4, SOUTH 86 DEGREES 46 MINUTES 16 SECONDS EAST, 625.44 FEET; THENCE ALONG THE WESTERLY RIGHT-OF-WAY OF VANTAGE DRIVE THE FOLLOWING COURSES: SOUTH 02 DEGREES 39 MINUTES 17 SECONDS WEST, 254.70 FEET; THENCE SOUTH 02 DEGREES 48 MINUTES 06 SECONDS WEST, 401.08 FEET; THENCE LEAVING SAID RIGHT-OF-WAY, NORTH 87 DEGREES 04 MINUTES 02 SECONDS WEST, 623.85 FEET; THENCE ALONG THE WEST LINE OF THE NW 1/40F THE NW 1/4, NORTH 02 DEGREES 36 MINUTES 28 SECONDS EAST, 659.02 FEET TO THE TRUE POINT OF BEGINNING CONTAINING 9.430 ACRES MORE OR LESS AND BEING SUBJECT TO THE RIGHTS-OF-WAY OF VANTAGE DRIVE, STEARNS STREET AND FORD DRIVE AND ANY EASEMENTS OF RECORD. SURVEY DESCRIPTION OF TRACT B LOCATED IN A PART OF THE NW Y4 OF THE NW 1/4 AND IN A PART OF THE NE V4 OF THE NW 1/40F SECTION 25, TOWNSHIP 17 NORTH, RANGE 30 WEST IN FAYETTEVILLE, WASHINGTON COUNTY, ARKANSAS, MORE PRECISELY DESCRIBED AS FOLLOWS: STARTING AT THE NW CORNER OF THE NW 1/40F THE NW /40F SECTION 25; THENCE SOUTH 86 DEGREES 46 MINUTES 16 SECONDS EAST, 695.44 FEET; TO THE TRUE POINT OF BEGINNING; THENCE ALONG THE NORTH LINE OF SECTION 25 THE FOLLOWING COURSES: SOUTH 86 DEGREES 44 MINUTES 04 SECONDS EAST, 619.52 FEET; THENCE SOUTH 87 DEGREES 28 MINUTES 13 SECONDS EAST, 100.82 FEET; THENCE LEAVING SAID NORTH LINE, SOUTH 02 DEGREES 16 MINUTES 46 SECONDS WEST, 652.58 FEET; THENCE NORTH 87 DEGREES 04 MINUTES 03 SECONDS WEST, 265.06 FEET; THENCE NORTH 87 DEGREES 03 MINUTES 51 SECONDS WEST, 460.57 FEET, THENCE ALONG THE EASTERLY RIGHT-OF-WAY OF VANTAGE DRIVE THE FOLLOWING COURSES: NORTH 02 DEGREES 48 MINUTES 16 SECONDS EAST, 401.31 FEET; THENCE NORTH 02 DEGREES 39 MINUTES 11 SECONDS EAST, 254.09 FEET TO THE TRUE POINT OF BEGINNING CONTAINING 10.842 ACRES MORE OR LESS AND BEING SUBJECT TO THE RIGHT-OF-WAY OF VANTAGE DRIVE AND ANY EASEMENTS OF RECORD. SURVEY DESCRIPTION OF TRACT C LOCATED IN A PART OF THE NW 1/4 OF THE N W 1/4 OF SECTION 25, TOWNSHIP 17 NORTH, RANGE 30 WEST IN FAYETTEVILLE, WASHINGTON COUNTY, ARKANSAS, MORE PRECISELY DESCRIBED AS FOLLOWS: STARTING AT THE NW CORNER OF THE NW 1/40F THE NW 1/40F SECTION 25; THENCE SOUTH 02 DEGREES 36 MINUTES 28 SECONDS WEST, 659.02 FEET TO THE TRUE POINT OF BEGINNING; THENCE SOUTH 87 DEGREES 04 MINUTES 02 SECONDS EAST, 623.85 FEET; THENCE ALONG THE WESTERLY RIGHT-O& WAY OF VANTAGE DRIVE, SOUTH 02 DEGREES 45 MINUTES 28 SECONDS WEST, 197.95 FEET; THENCE NORTH 87 DEGREES 23 MINUTES 18 SECONDS WEST, 338.70 FEET; THENCE SOUTH 02 DEGREES 37 MINUTES 24 SECONDS WEST, 319.91 FEET; THENCE ALONG A NON-TANGENT CURVE TO THE RIGHT, WITH A RADIUS OF 1290.45 FEET, AN ARC LENGTH OF 4.09 FEET, AND A CHORD OF NORTH 65 DEGREES 14 MINUTES 31 SECONDS WEST, 4.09 FEET; THENCE ALONG A CURVE TO THE RIGHT WITH A RADIUS OF 1403.27 9 Bio afAssumnm Page 5 FEET, AN ARC LENGTH OF 321.11 FEET, AND A CHORD OF NORTH 58 DEGREES 35 MINUTES 46 SECONDS WEST, 320.41 FEET; THENCE ALONG THE WEST LINE OF THE NW ''A OF THE NW '/y NORTH 02 DEGREES 36 MINUTES 52 SECONDS EAST, 365.50 FEET TO THE TRUE POINT OF BEGINNING CONTAINING 4.487 ACRES MORE OR LESS AND BEING SUBJECT TO THE RIGHTS-OF-WAY OF VANTAGE DRIVE AND JOYCE BOULEVARD AND ANY EASEMENTS OF RECORD. LESS AND EXCEPT THE FOLLOWING: A PORTION OF TRACT "C" AS DESCRIBED ABOVE AND BEING MORE PARTICULARLY DESCRIBED AS FOLLOWS: COMMENCING AT THE NW CORNER OF THE NW 1/4 OF THE NW 1/4 OF SECTION 25; THENCE SOUTH 02 DEGREES 36 MINUTES 28 SECONDS WEST, 659.02 FEET, THENCE SOUTH 02 DEGREES 36 MINUTES 52 SECONDS WEST, 201.44 FEET TO THE POINT OF BEGINNING; THENCE SOUTH 87 DEGREES 23 MINUTES 18 SECONDS EAST, 284.35 FEET; THENCE SOUTH 02 DEGREES 37 MINUTES 24 SECONDS WEST, 319.91 FEET; THENCE ALONG A NON-TANGENT CURVE TO THE RIGHT, WITH A RADIUS OF 1290.45 FEET, AN ARC LENGTH OF 4.09 FEET, AND A CHORD OF NORTH 65 DEGREES 14 MINUTES 31 SECONDS WEST, 4.09 FEET; THENCE ALONG A CURVE TO THE RIGHT WITH A RADIUS OF 1403.27 FEET, AN ARC LENGTH OF 321.11 FEET, AND A CHORD OF NORTH 58 DEGREES 35 MINUTES 46 SECONDS WEST, 320.41 FEET; THENCE ALONG THE WEST LINE OF THE NW 1/40F THE NW 1/4, NORTH 02 DEGREES 36 MINUTES 52 SECONDS EAST, 164.05 FEET TO THE POINT OF BEGINNING CONTAINING 1 .63 ACRES. SURVEY DESCRIPTION OF TRACT D LOCATED IN A PART OF THE NW V4 OF THE NW 1/4 AND IN A PART OF THE NE 1/40F THE NW 1/4 OF SECTION 25, TOWNSHIP 17 NORTH, RANGE 30 WEST IN FAYETTEVILLE, WASHINGTON COUNTY, ARKANSAS, MORE PRECISELY DESCRIBED AS FOLLOWS: STARTING AT THE NW CORNER OF THE NW 14017 THE NW V4 OF SECTION 25; THENCE SOUTH 02 DEGREES 36 MINUTES 28 SECONDS WEST, 659.02 FEET; THENCE SOUTH 87 DEGREES 04 MINUTES 08 SECONDS EAST, 693.83 FEET TO THE TRUE POINT OF BEGINNING; THENCE SOUTH 87 DEGREES 03 MINUTES 51 SECONDS EAST, 460.57 FEET; THENCE SOUTH 51 DEGREES 17 MINUTES 37 SECONDS WEST, 615.05 FEET; THENCE ALONG THE EASTERLY RIGHT-OF-WAY OF VANTAGE DRIVE, NORTH 02 DEGREES 48 MINUTES 16 SECONDS EAST, 408.69 FEET TO THE TRUE BEGINNING B POINT OF CONTAINING 2.161 ACRES MORE OR LESS AND BEING SUBJECTB THE RIGHT-OF-WAY VANTAGE DRIVE AND ANY EASEMENTS OF RECORD. r Washington County, AR I certify this instrument was filed on 02/28/2006 09:54:05 AM and recorded in Real Estate File Number 200640008164 Bette Stamps - Circuit le by a2v City of Fayetteville Staff Review Form � �ZZ City Council Agenda Items or Contracts 3-Jan-06 City Council Meeting Date Jeremy Pate Planning Operations Submitted By Division Department Action Required: R7_N 05- 1833 (Bellafont, 174): Submitted by H2 Engineering, Inc. for property located north of Joyce Boulevard and south of Bellafont Gardens. The property is zoned R-O, Residential Office, and C-2, Thoroughfare Commercial, and contains approximately 25.29 acres. "rhe request is to rezone the subject property to C-3, Central Commercial. $0.00 n/a n/a Cost of this request Category/Project Budget Program Category / Project Name n/a n/a n/a Account Number Funds Used to Date Program / Project CategoryName n/a n/a n/a Fs Project Number Remaining Balance Fund Name Budgeted Item Budget Adjustment Attached S Previous Ordinance or Resolution # n/a Depa ment birector Date Original Contract Date: n/a Q- lz - Original Contract Number: n/a City Attorn Received in City Clerk's Office Finance and Internal Service Director Date LkReceived in Mayor's Office Mayor Comments: City Council Meeting of January 03, 2006 Agenda Item Number CITY COUNCIL AGENDA MEMO 'I'o: Mayor and City Council Thru : Gary Dumas, Director of Operations From : Jeremy C. Pate, Director of Current Planning$ Date: December 15, 2005 Subject: Rezoning for Bellafont (RZN 05- 1833 ) RECOMMENDATION The Planning staff recommends approval of the proposed rezoning from R-O, Residential Office, and C-2, Thoroughfare Commercial, to C-3, Central Commercial, on approximately 25.29 acres with the acceptance of the Bill of Assurance offered by the applicant to address those criteria of the C-3 zoning district. BACKGROUND The subject property contains four parcels consisting of 25.29 acres. The property is owned by the Barber Group and is located north of Joyce Boulevard on either side of Vantage Drive, a recently constructed street. A majority of the property is zoned C-2 though a small portion of property to the southeast of the property and within a dedicated drainage easement is zoned R-O. Adjacent uses include multi-family development to the north and cast, as well as commercial development to the east and south, including the U.S. Post Office and Lindsey Office building, currently under construction. The applicant is requesting the property be rezoned from R-O, Residential Office and C- 2, Thoroughfare Commercial, to C-3, Central Commercial to facilitate development on the property at a height greater than that allowed within the C-2 zoning district. Although the applicant desires to modify the zoning district to relieve height restrictions on the property, a rezoning will also change the development regulations and other zoning requirements of the property. To reduce the potential impacts of this zoning change, the applicant has submitted a Bill of Assurance. DISCUSSION This item was heard at the regular Planning Commission on December 12, 2005 . The Planning Commission voted 8-0-0 to recommend approval of this rezoning request to the City Council . BUDGET IMPACT None. ORDINANCE NO. AN ORDINANCE REZONING THAT PROPERTY DESCRIBED IN REZONING PETITION RZN 05- 1833 FOR APPROXIMATELY 25 .29 ACRES LOCATED NORTH OF JOYCE BOULEVARD, WEST OF VENTURE ROAD, AND SOUTH OF BELLAFONT GARDENS FROM R-O, RESIDENTIAL OFFICE AND C-2, THOROUGHFARE COMMERCIAL TO C-3 , CENTRAL COMMERCIAL. BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF FAYETTEVILLE, ARKANSAS : Section 1 : That the zone classification of the following described property is hereby changed as follows: From R-O, Residential Office, and C-2, Thoroughfare Commercial to C-3, Central Commercial, as shown on Exhibit "A" Attached hereto and made a part hereof. Section 2 : That the official zoning map of the City of Fayetteville, Arkansas is hereby amended to reflect the zoning change provided in Section 1 above. PASSED and APPROVED this day of 2006. APPROVED: By: DAN COODY, Mayor ATTEST: By: SONDRA SMITH, City Clerk